Smart Mask Market Share, Demand, Top Players, Industry Size, Future Growth By 2029
The global smart mask market is projected to expand astronomically in the upcoming years. The rising consumer awareness for personal care and hygiene and the uncertain emergence of diseases such as the coronavirus pandemic are expected to fuel the market growth. Fortune Business Insights™ has presented this information in an upcoming report, titled, “Smart Mask Market, 2022-2029”.
The manufacturers’ focus on developing ingenious smart masks for effective dust and viral protection has increased in the past couple of years. The unparalleled demand for smart masks has led to the bulk production by manufacturers. The strong consumer demand globally is anticipated to stimulate the growth of the market.
COVID-19 Impact-
The coronavirus pandemic has prominently boosted growth of the smart mask market. The strict government regulation to wear face masks to limit the virus spread has significantly fueled the market growth. The bulk production of smart masks has surged the market growth. Additionally, various government promotions and campaigns to wear masks have skyrocketed market growth. The innovative smart mask launches by several companies have augmented market growth. For instance, Viromasks launched a reusable face mask with intelligent textile technology in July 2020. The smart mask eliminates viruses and bacteria that come in contact with the skin surface. The market is poised to witness monumental growth in the forthcoming years.
Fortune Business Insights™ lists out all the smart mask market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:
- The 3M Company
- Honeywell International Inc.
- Louis M. Gerson Company Inc.
- Kimberly Clark Corporation
- Reckitt Benckiser Group Plc
- Essity AB
- care
- Shanghai Dasheng Health Products Manufacture Company Ltd.
- MSA
- BD
Report Aim & Scope:
- An overview of the market based on geographical scope, segmentation and financial performance of key players is presented in the report.
- The report presents the estimated market size by the end of forecast period. Additionally, the historical and current market size is also examined in the report.
- Based on various indicators, the Year on Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.
- The report presents current trends in the industry and future scope of the market in North America, Asia Pacific, Europe, Latin America and Europe.
- The various parameters accelerating the growth of the market are incorporated in the research report.
- The report analyzes growth rate, cold chain market size and valuation of the market during the forecast period.
Report Coverage-
- Showcases a comprehensive assessment of the market.
- Highlights the latest industry developments of the market.
- Assimilates various drivers, threats, and opportunities for the market.
- Highlights the impact of the COVID-19 pandemic.
- Provides crucial information on the market’s competitive landscape.
Drivers & Restraints-
Uncertain Pandemic Diseases Occurrences to Surge the Market Growth
The coronavirus pandemic is still wreaking havoc on the global economy. The uncertain emergence of deadly diseases similar to the coronavirus pandemic is anticipated to augment the demand for personal protection commodities such as PPE kits and smart masks. These uncertain pandemic occurrences may bolster the global smart mask market growth.
Consumer consciousness for health and hygiene has dramatically risen in the past few years. The coronavirus has surged the importance of hygiene and health maintenance. The rising consumer awareness for personal care and hygiene is expected to fuel market growth.
The soaring consumption of face masks has induced manufacturers to produce masks in bulk. The bulk production of masks by manufacturers due to the vast consumer demand has created expansion opportunities for businesses in the smart mask market. These expansions are anticipated to fuel the market growth. For instance, Honeywell International Inc. established a new face mask production plant at Smithfield, Rhode Island, USA, in March 2020.
However, the wide availability of substitute products may hinder market growth.
Regional Insights-
High Product Consumption to Amplify Growth in North America
North America is anticipated to gain a huge global smart mask market share. The high product consumption by a large pool of coronavirus infected patients across Canada and the U.S. is projected to boost the market growth. The World Health Organization estimated approximately 4.72 million cases of COVOD-19 infection in a report published in July 2020.
Moreover, the high consumer expenditure on healthcare is estimated to fuel the consumption of several personal protection commodities such as smart masks, gloves, and sanitizers and fuel the market growth in the upcoming years.
Asia Pacific is projected to gain rapid growth due to the rising consumer awareness for personal protection items such as gloves, hand sanitizers, and masks. For instance, the NITI Aayog partnered up with the Bill and Melinda Gates Foundation (BMFG) to launch a behavioral campaign called ‘Navigating a New Normal’ in June 2020 to create impart awareness and promote the utilization of face masks to the Indian populaces. Additionally, the rising production of smart masks across India and China is expected to stimulate market growth.
Segmentation-
On the basis of product type, the market is segmented into face shields, anti-pollution masks, surgical masks, and respirators. On the basis of distribution channels, the market is categorized into online stores, pharmacy stores, hypermarkets/supermarkets, and others. On the basis of end-users, the market is fragmented into industries, households, hospitals & clinics, and others. Geographically, the market is classified into five major regions- South America, North America, Europe, Asia Pacific, and the Middle East & Africa.
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The Global Smart Mask Market Research/Analysis Report Contains Answers to your following Questions:
- Which Manufacturing Technology is used for Smart Mask ? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Smart Mask Market? What are Their Company Profile, Their Product Information, and Contact Information?
- What Was Global Market Status of Smart Mask Market? What Was Capacity, Production Value, Cost and PROFIT of Smart Mask Market?
- What Is Current Market Status of Smart Mask Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Smart Mask Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Smart Mask Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
- What Is Smart Mask Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Smart Mask Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Smart Mask Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Smart Mask Industry?
Competitive Landscape-
Key Players to Devise Igneous Strategies to Attain Growth amid COVID-19 Pandemic
The market comprises several key players operating at regional and global levels. They are focusing on extensive research and development activities to introduce advanced products for consumers. Businesses operating in the market are devising innovative growth strategies such as new product launches, technological developments, mergers, partnerships, acquisitions, and collaborations to gain growth impetus. For instance, a letter of intent was signed by Hawkeye Systems Consulting Inc. with Arizona Asia Pacific Trade Consulting Inc. in February 2020 to authorize the speedy production of custom masks due to the coronavirus outbreak.
Industry Developments-
- August 2020: Donut Robotics launched a voice command-operated smart mask that features voice-to-text translation in eight languages.
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